R&D Term Sample Clauses
The R&D Term clause defines the specific duration during which research and development activities under an agreement are to take place. Typically, this clause will state the start and end dates for the R&D period, and may outline conditions for extension or early termination if certain milestones are met or not met. By clearly establishing the timeframe for R&D efforts, this clause ensures that both parties have aligned expectations and can plan resources and deliverables accordingly, reducing the risk of misunderstandings or disputes over project timelines.
R&D Term. Subject to [***], during the R&D Term, Moderna will not, and will cause each of its Affiliates not to, either itself, or together with any Third Party, [***].
R&D Term. During the R&D Term, Moderna will not, [***].
R&D Term. During the R&D Term, Merck will not, and will cause each of its Affiliates not to, either itself, or together with any Third Party, [***].
R&D Term. The term of the R&D Program shall commence on the Effective Date and continue for one year following the Effective Date unless extended by mutual written agreement of the Parties or earlier terminated pursuant to Section 10.3 (the “R&D Term”).